ISSUER DIRECT CORP Files 2023 10-K

TL;DR

<b>Issuer Direct Corp filed its annual 10-K report for the fiscal year ending December 31, 2023.</b>

AI Summary

ISSUER DIRECT CORP (ACCS) filed a Annual Report (10-K) with the SEC on March 7, 2024. Issuer Direct Corp filed its 2023 10-K on March 7, 2024. The company's fiscal year ends on December 31. The filing covers the period from January 1, 2023, to December 31, 2023. The company's principal business address is 1 Glenwood Ave., Suite 1001, Raleigh, NC 27603. The company's phone number is 919-461-1600.

Why It Matters

For investors and stakeholders tracking ISSUER DIRECT CORP, this filing contains several important signals. This filing provides a comprehensive overview of the company's financial performance, operations, and risk factors for the fiscal year 2023. Investors and stakeholders can use this report to assess the company's financial health, strategic direction, and potential future performance.

Risk Assessment

Risk Level: low — ISSUER DIRECT CORP shows low risk based on this filing. The filing is a standard 10-K report with no immediate red flags, indicating a routine disclosure of financial and operational information.

Analyst Insight

Review the detailed financial statements and risk factors within the 10-K to understand Issuer Direct Corp's performance and outlook for 2023.

Financial Highlights

revenue

3791020

net Income

3815212

revenue Growth

6.80

Key Numbers

• 20231231 — Fiscal Year End (Conformed Period of Report)
• 20240307 — Filing Date (Filed as of Date)
• 2023-01-01 — Fiscal Year Start (Reporting Period)
• 2022-01-01 — Prior Year Start (Reporting Period)

Key Players & Entities

• ISSUER DIRECT CORP (company) — Filer name
• 0000843006 (company) — Central Index Key
• 8742 (company) — Standard Industrial Classification Code
• RALEIGH (company) — City
• NC (company) — State
• 9194611600 (company) — Business Phone
• DOCUCON INC (company) — Former Company Name
• DOCUCON INCORPORATED (company) — Former Company Name

FAQ

Industry Context

Issuer Direct Corp operates within the services sector, specifically management consulting services.

Regulatory Implications

The filing is a 10-K, an annual report required by the U.S. Securities and Exchange Commission (SEC) that provides a comprehensive summary of a company's financial performance.

What Investors Should Do

1. Analyze the revenue and net income figures for fiscal year 2023.
2. Review any disclosed risk factors to understand potential challenges.
3. Examine the company's business description and operational details.

Key Dates

• 2023-12-31: Fiscal Year End — End of the reporting period for the 10-K.
• 2024-03-07: Filing Date — Date the 10-K was officially filed with the SEC.

Year-Over-Year Comparison

This is the initial filing analyzed, so no comparison to a previous filing is available.

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 per share ISDR NYSE American. Secu

Filing Documents

• isdr_10k.htm (10-K) — 1253KB
• isdr_ex211.htm (EX-21.1) — 4KB
• isdr_ex231.htm (EX-23.1) — 2KB
• isdr_ex311.htm (EX-31.1) — 12KB
• isdr_ex312.htm (EX-31.2) — 12KB
• isdr_ex321.htm (EX-32.1) — 5KB
• isdr_ex322.htm (EX-32.2) — 5KB
• isdr_ex97.htm (EX-97) — 31KB
• isdr_10kimg1.jpg (GRAPHIC) — 3KB
• isdr_10kimg5.jpg (GRAPHIC) — 33KB
• isdr_10kimg4.jpg (GRAPHIC) — 16KB
• 0001654954-24-002824.txt (&nbsp;) — 6461KB
• isdr-20231231.xsd (EX-101.SCH) — 53KB
• isdr-20231231_lab.xml (EX-101.LAB) — 390KB
• isdr-20231231_cal.xml (EX-101.CAL) — 51KB
• isdr-20231231_pre.xml (EX-101.PRE) — 313KB
• isdr-20231231_def.xml (EX-101.DEF) — 147KB
• isdr_10k_htm.xml (XML) — 995KB

Risk Factors

Risk Factors 13 Item 1B. Unresolved Staff Comments 22 Item 1C. Cybersecurity 22 Item 2. Property 23 Item 3.

Legal Proceedings

Legal Proceedings 23 Item 4. Mine Safety Disclosures 23 PART II Item 5. Market for Common Equity and Related Stockholder Matters 24 Item 6. Select Financial Data 25 Item 7.

Management's Discussion and Analysis and Results of Operations

Management's Discussion and Analysis and Results of Operations 26 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 36 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data 36 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 36 Item 9A.

Controls and Procedures

Controls and Procedures 36 Item 9B. Other Information 37 PART III Item 10. Directors, Executive Officers, and Corporate Governance 38 Item 11.

Executive Compensation

Executive Compensation 38 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 38 Item 13. Certain Relationships and Related Transactions, and Director Independence 38 Item 14. Principal Accountant Fees and Services 38 PART IV Item 15. Exhibits 39 Signature 40 EX-21.1 Subsidiaries of the Registrant EX-23.1 Consent of Independent Registered Public Accounting Firm EX-31.1 Chief Financial Officer Certification Pursuant to Section 302 EX-31.2 Chief Financial Officer Certification Pursuant to Section 302 EX-32.1 Chief Executive Officer Certification Pursuant to Section 906 EX-32.2 Chief Financial Officer Certification Pursuant to Section 906 EX-101.INS XBRL INSTANCE DOCUMENT EX-101.SCH XBRL TAXONOMY EXTENSION SCHEMA EX-101.CAL XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 2 Table of Contents CAUTIONARY STATEMENT All statements, other than statements of historical fact, included in this Form 10-K, including without limitation the statements under "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Description of Business," are, or may be deemed to be, forward-looking statements. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties, and other factors, which may cause the actual results, performance or achievements of Issuer Direct Corporation, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements contained in this Form 10-K. In our capacity as Company management, we may from time to time make written or oral forward-looking statements with respect to our long-term objectives or expectations which may be included in our filings with the Securities and Exchange Commission (the "S

DESCRIPTION OF BUSINESS

ITEM 1. DESCRIPTION OF BUSINESS. Company Overview Overview Issuer Direct Corporation and its subsidiaries are hereinafter collectively referred to as "Issuer Direct", the "Company", "We" or "Our" unless otherwise noted. Our corporate headquarters are located at One Glenwood Ave., Suite 1001, Raleigh, North Carolina, 27603. We announce material financial information to our investors using our investor relations website, SEC filings, investor events, news and earnings releases, public conference calls, webcasts, and social media. We use these channels to communicate with our investors and the public about our company, our products and services and other related matters. It is possible that information we post on some of these channels could be deemed to be material information. Therefore, we encourage investors, the media and others interested in Issuer Direct to review the information we post to all our channels, including our social media accounts. We are a leading communications and compliance company, providing solutions for both public relations and investor relations professionals. Our comprehensive solutions are used by thousands of customers from emerging startups to multi-billion-dollar global brands, ensuring their most important moments are reaching the right audiences, via our industry leading newswire, IR website solutions, events technology and compliance solutions. Our platform efficiently and effectively helps our customers manage their events when seeking to distribute their messaging to key constituents, investors, markets and regulatory systems around the globe. Our platform consists of several related but distinct Communications and Compliance modules that companies and customers utilize every quarter. As such, we disclose our revenue in the following two main categories: (i) Communications and (ii) Compliance. Set forth below is an infographic depicting the products included in each of these two main categories we provide today: In the

View Full Filing

View this 10-K filing on SEC EDGAR